5 Stocks To Buy for Long Term: Motilal Oswal bullish with up to 74% upside; HDFC Bank, Canara Bank, Suzlon Energy on list
5 Stocks To Buy for Long Term: Motilal Oswal has a Buy rating on five stocks – HDFC Bank, Canara Bank, Suzlon Energy, IDFC First Bank and Indian Hotels – with target prices indicating potential upside of up to 74%. The brokerage sees opportunities across banking, hospitality and renewable energy, citing earnings recovery, improving asset quality, business expansion and rising wind power installations.
Based on Motilal Oswal’s target prices and current market prices, Suzlon Energy offers the highest potential upside of 74%, followed by IDFC First Bank and Canara Bank. Here is a closer look at the brokerage’s stock recommendations, along with the companies’ September-quarter results and upcoming results announcements.
HDFC Bank Share Price Target
Motilal Oswal has maintained a Buy rating on HDFC Bank with a target price of ₹925, compared with a CMP of ₹692.80. This implies a potential upside of around 34%.
The brokerage expects earnings performance to improve from FY28 onwards, while return on assets (RoA) is estimated to remain around 1.7%. The Reserve Bank of India‘s approval of Anup Bagchi as the new managing director and chief executive officer is expected to provide leadership clarity and support investor sentiment.
HDFC Bank Q2 Results 2026
HDFC Bank reported a net profit of ₹19,510 crore for the September 2026 quarter, up 4.7% year-on-year. Net interest income rose 9.7% to ₹34,620 crore, while net interest margin declined to 3.16% from 3.26% in the June quarter.
The bank’s gross non-performing asset ratio improved to 1.11%, while total deposits increased 18.8% year-on-year to ₹33.27 lakh crore. Treasury trading income declined 67.4% to ₹780 crore.
Canara Bank Share Price Target
Motilal Oswal has reiterated its Buy rating on Canara Bank with a target price of ₹160, against a CMP of ₹116.16. The target indicates a potential upside of around 38%.
The brokerage highlighted lower-than-expected provisions and operating expenses as key factors behind the bank’s earnings performance. Net interest margin improved by 3 basis points quarter-on-quarter to 2.55%, while asset quality strengthened during the September quarter.
Canara Bank Q2 Results 2026
Canara Bank reported a net profit of ₹5,175 crore for the September 2026 quarter, up around 9% year-on-year. Net interest income increased 20.4% to ₹11,004 crore from ₹9,141 crore a year earlier.
The gross NPA ratio improved to 1.33% from 1.57% in the June quarter, while the net NPA ratio declined to 0.30% from 0.36%. Provisions stood at ₹3,583 crore at the end of September, compared with ₹3,780 crore in June.
Suzlon Energy Share Price Target
Motilal Oswal has maintained a Buy rating on Suzlon Energy with a target price of ₹65, compared with a CMP of ₹37.40. This implies a potential upside of around 74%, the highest among the five stocks.
The brokerage expects earnings momentum to strengthen in the second half of FY27 as deliveries ramp up. Suzlon’s order book stood at 5.9 GW at the end of the first quarter of FY27, providing visibility for deliveries through the third quarter of FY28. Motilal Oswal estimates EBITDA to grow at a CAGR of 22% over FY26-FY28.
Suzlon Energy Q2 Results 2026 Date
Suzlon Energy has scheduled a board meeting for October 29, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026.
The brokerage’s investment case also factors in the expected ramp-up in wind installations. It estimates India’s wind capacity additions could reach around 7.5 GW in FY27, in line with the Ministry of New and Renewable Energy’s stated expectation of 7.5-8 GW.
IDFC First Bank Share Price Target
Motilal Oswal has upgraded its rating on IDFC First Bank to Buy from Neutral, with a target price of ₹105 against a CMP of ₹72.30. This indicates a potential upside of around 45%.
The brokerage expects earnings to gain pace as the bank benefits from improving operating efficiency and a stronger deposit franchise. FCNR(B) deposit mobilisation is expected to support incremental net interest income, while improving asset quality and lower credit cost guidance could aid profitability. Motilal Oswal estimates the bank’s RoA to reach around 1.2% by FY28.
IDFC First Bank Q2 Results 2026 Date
IDFC First Bank has scheduled a board meeting for October 24, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. The bank has also informed the exchanges about an earnings call for the September quarter.
Indian Hotels Share Price Target
Motilal Oswal has reiterated its Buy rating on Indian Hotels with a target price of ₹870, compared with a CMP of ₹781.75. This implies a potential upside of around 11%.
The brokerage highlighted strong hotel demand, higher room revenue and expansion in the company’s asset-light management business. Indian Hotels raised its FY27 revenue growth guidance to 15-17% from 12-14%, supported by domestic travel demand, new hotel openings and the growth of brands such as Ginger, Qmin, amã Stays & Trails and Tree of Life.
Indian Hotels Q2 Results 2026
Indian Hotels reported a 19.5% year-on-year increase in net profit to ₹380 crore for the September 2026 quarter. Revenue from operations rose 21.7% to ₹2,484 crore, while EBITDA increased 23.9% to ₹706 crore.
The company’s EBITDA margin declined to 19.95% from 27.9% a year earlier. Indian Hotels also raised its FY27 consolidated revenue growth guidance to 15-17%, citing stronger domestic hotel performance, higher management fees and expansion across its portfolio.